Argentina · Energy

Key Facts

—A formal filing. GeoPark, with provincial firm Gas y Petroleo del Neuquen, applied to join Argentina’s RIGI large-investment incentive regime to develop a Vaca Muerta oil hub.

—A billion-dollar project. The plan covers more than $1 billion of investment in two blocks, Loma Jarillosa Este and Puesto Silva Oeste, under a single project vehicle.

—A tenfold output goal. The company aims to lift production from about 1,500 barrels of oil equivalent per day to 20,000 within three years.